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BlackRock’s Rieder Sees ‘Explosive’ Rally as Cash Gets Unlocked

BlackRock’s Rieder Sees ‘Explosive’ Rally as Cash Gets Unlocked
Bloomberg Markets Monday 15 June 2026, 18:59 UTC By Katie Greifeld, Scarlet Fu, Eric Balchunas 1 min read
Key Points

BlackRock’s Rieder Sees ‘Explosive’ Rally as Cash Gets Unlocked BlackRock Inc.’s Rick Rieder said the surge in US equities following President Donald Trump’s Iran peace deal announcement reflects investors starting to redeploy the roughly $8 trillion to $9 trillion held in money market funds. “There is so much cash that’s sitting on the sidelines,” said Rieder, BlackRock’s global fixed income chief investment officer. SpaceX’s initial public offering last week had already forced investors to...

BlackRock’s Rieder Sees ‘Explosive’ Rally as Cash Gets Unlocked BlackRock Inc.’s Rick Rieder said the surge in US equities following President Donald Trump’s Iran peace deal announcement reflects investors starting to redeploy the roughly $8 trillion to $9 trillion held in money market funds. “There is so much cash that’s sitting on the sidelines,” said Rieder, BlackRock’s global fixed income chief investment officer. SpaceX’s initial public offering last week had already forced investors to make room in portfolios, creating momentum that accelerated after the Iran agreement removed a key geopolitical risk, he added.
BlackRock (ORG) Rieder Sees ‘Explosive’ Rally as Cash Gets (ORG) BlackRock Inc.’s (ORG) Rick Rieder (PERSON) US (LOCATION) Donald Trump (PERSON) Iran (LOCATION) Rieder (ORG) SpaceX (ORG)
Originally published by Bloomberg Markets Read original →

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